Galantas Gold Corporation advised the market on Monday that it received notification that the Police Service of Northern Ireland would not provide its required anti-terrorism cover in regard to blasting operations required for mine development at the Omagh Gold Mine.

Galantas Gold Corporation, the gold producer and explorer with a 100% interest in Northern Ireland's Omagh gold mine, announced on Monday that the private placement to the gross value of CAD 2,446,299, in line with the terms and proposed placing price previously outlined on 18 January, was anticipated to close in two parts.

Galantas Gold Corporation announced on Tuesday that it intends, subject to suitable financing, to commence underground development and restart concentrate shipments at its Omagh, Northern Ireland gold mine.